House Sponsors: OSMOND-HULTGREN-MATHIAS. Senate Sponsors: SYVERSON Short description: HOME REPAIR BUSNSS-SURETY BOND Synopsis of Bill as introduced: Amends the Home Repair and Remodeling Act. Provides that professional home repair persons must obtain $10,000 per occurrence in insurance for work that does not comply with applicable building codes or, in the alternative, must maintain a surety bond of at least $50,000, unless the repair person has a net worth of $1,000,000 or more. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes everything. Amends the Home Repair and Remodeling Act. Provides that on and after January 1, 2001, a person engaged in the business of home repair and remodeling and having a net worth of less than $1,00,000 must obtain and maintain public liability and property damage insurance in the amount of $10,000 per occurrence for improper home repair or remodeling. Effective immediately. HOUSE AMENDMENT NO. 2. Makes a technical change. Last action on Bill: PUBLIC ACT.............................. 91-0808 Last action date: 00-06-13 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 2 SENATE - 0 END OF INQUIRY Full Text Bill Status